Manager, Inventory and Operations Accounting

Vaxcyte•San Carlos, CA

10h•Hybrid

About The Position

The Manager, Inventory and Operations Accounting helps manage Vaxcyte’s cost accounting functions, including standard costing, inventory valuation, and manufacturing variance analysis. The role owns the Manufacturing Accounting Team’s full manufacturing accrual process, including maintaining accrual trackers, preparing monthly accrual journal entries, reconciling manufacturing general ledger accounts, and preparing manufacturing flux analysis. The manager partners closely with Supply Chain and FP&A to ensure accurate cost data, support margin improvement initiatives, and maintain strong internal controls over inventory and cost of goods sold (COGS). The ideal candidate combines technical accounting skills with the ability to translate cost data into actionable business insights. This position reports to the Associate Accounting Director, Manufacturing and is based in San Carlos, California. The work arrangement is hybrid, with a minimum of three days per week onsite; it may be adjusted based on business needs, job responsibilities, or changes to company policy. The salary range is $145,000–$169,000 for the San Francisco Bay Area; ranges for non-California locations may vary. The compensation package includes comprehensive benefits and an equity component.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field; other combinations of education and/or experience may be considered.
7+ years of progressive cost accounting experience in a biotech manufacturing environment, including contract manufacturing.
Experience with product costing in SAP S/4HANA.
Strong understanding of standard costing, variance analysis, and inventory accounting under GAAP.
Advanced Excel skills.
Strong analytical, problem-solving, and communication skills.
Attention to detail and accuracy.
Strong business acumen and ability to translate data into insights.
Cross-functional collaboration and influence.
Process improvement mindset.
Ability to manage competing priorities and deadlines.

Nice To Haves

CPA or CMA certification.
Experience working in a public company (SEC-reporting) environment.

Responsibilities

Maintain and update standard costs for materials, labor, and overhead.
Analyze and report manufacturing variances, including purchase price, usage, labor, and overhead, and partner with Supply Chain to explain and resolve root causes.
Own the manufacturing accrual process end to end, including maintaining accrual trackers by key vendors.
Prepare monthly accruals for manufacturing vendors and ensure costs are recorded in the appropriate period.
Prepare journal entries related to manufacturing accruals, inventory, COGS, and manufacturing variances.
Manage inventory valuation, reserves, scrap and obsolescence, and reconciliation processes across all locations.
Reconcile manufacturing and cost-related general ledger accounts and ensure timely, accurate month-end close.
Prepare monthly and quarterly flux analysis for inventory, COGS, and manufacturing accrual accounts.
Maintain and execute internal controls over inventory, standard costing, COGS, and manufacturing accruals in compliance with GAAP and SOX.
Support quarterly external audits and SOX testing related to manufacturing, inventory, and cost accounting; manage requests, remediate deficiencies, and track corrective action plans.
Investigate and resolve discrepancies identified in physical inventory counts and cycle counts.
Support ERP and system enhancements related to inventory and cost accounting.
Perform additional tasks and responsibilities as assigned.